India corporates and partnership firms are now allowed to invest overseas upto 100 per cent of their network. How this decision of the policy makers will help Indian corporates and partnership firms?[pick up the correct statement(s)]
A. It will help them in making their presence felt in global market.
B. It will attract foreign companies to invest more in India as Indian are allowed to invest only in those companies who are already functioning in India and not in new ones.
C. It is an act of balancing the foreign exchange reserves of India which are swelling very fast.